Fortune5:ThemostpowerfuleconomicempiresofalltimeYouhearquitealotthesedaysaboutAmerica’sdecline
It’sperhapsinevitablethatAmericansareworriedabouttheirplaceintheworld,aftersufferingthroughamassivefinancialcrisis,atepidrecovery,twodecadesofnowagegrowth,andaconstantstreamofnewscomingfromrisingChina,anationof1
3billionpeoplewithseeminglylimitlesspotential
Andit’struethat,byanymeasure,America’srelativepowerisindecline
ButlookingattheAmericansituationinthecontextofthebroadsweepofworldhistory,it’samazinghowdominantAmericahasbecome,economicallyspeaking
Formostofhumanhistory,themostpowerfuleconomicpowers,orthosethatproducedthelargestshareofglobaleconomicoutput,weresimplythecountriesthathousedthemostpeopleandcontrolledthemostland
Oneofthereasonsforthisisthatindustrializationisaveryrecentphenomenon